Bernie Sanders on Twitter…

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    • #22623
      Land of Enchantment
      Keymaster
      • Total Posts: 741

      Where did the money from Trump’s “tax cuts for the middle class” go? To wealthy corporations who have spent $1 trillion buying back their own stock to enrich executives and wealthy shareholders. That’s not acceptable.

      “Hope is the feathered thing that perches in your heart.” ~ Emily Dickinson

    • #22630
      Charles
      Participant
      • Total Posts: 1,595

      Bernie warned everyone that the corporations would use the Trump tax cuts on buy backs rather than on wages for employees:

       

      The Latest Republican Tax Proposal Is the Dumbest Yet

      DECEMBER 1, 2017

      BY DAVID DAYEN
      THIS PIECE ORIGINALLY APPEARED IN THE NATION

       

      ~Snip~

      Before we get to that, let’s be clear that this astonishingly dumb notion is being scooped on top of a bill that is already economically illiterate. It’s painstakingly designed to punish people making under $75,000 a year and those who happen to live in states that didn’t vote for Donald Trump. It benefits wealthy investors and wealthy people who incorporate; basically being wealthy or being a member of the Trump family is the prerequisite. CEOs (“the most excited group out there,” according to the bill’s architect, Gary Cohn) have given away the game in earnings calls by admitting that the corporate tax cuts, easily the largest chunk of the bill, would flow out to shareholders in dividends and stock buybacks, rather than used to create jobs or raise wages. The bill is a gift to capital owners at workers’ expense….

      Read more:

      https://berniesanders.com/latest-republican-tax-proposal-dumbest-yet/

       

      Because a spike in jobs is what was promised. Instead jobs grew at a rate very similar to the last nine years:

       

      Trump’s Tax Cuts Haven’t Spiked Job Growth 

      The U.S. Bureau of Labor Statistics released its November employment report, which showed 155,000 jobs being created. However, when September and October revisions are included (down 12,000) the net change is 143,000. While this was less than expected (around 180,000 to 200,000), the monthly average for 2018 has been a solid 206,000.

      Over 200,000 new jobs per month is positive but given the Trump Administration’s rhetoric that the tax cuts would spur GDP growth to 4% (or in the case of President Trump, up to 6%) it doesn’t appear that companies are hiring much faster than they would have without the tax cuts . One challenge organizations are facing in hiring is that there is a skills gap between what is needed for open positions and what skills people have. Unfortunately, a tax cut doesn’t address this.

      Read more:

      https://www.forbes.com/sites/chuckjones/2018/12/08/trumps-tax-cuts-havent-spiked-job-growth/#65ce864a2df9

      Bernie: "Not Me. Us"

      • #22636
        Land of Enchantment
        Keymaster
        • Total Posts: 741

        Thanks, Charles, for the informative articles. Yep, the mobster sold this lock, stock and barrel to his unwitting base and probably knew (without reading it as he obviously never reads anything) it only benefited the wealthy and corporations. In typical Trump fashion, he never looked ahead to realize this was going to come back to bite him in the ass. It will be interesting to see how this proposed legislation is received by the Senate…

        “Hope is the feathered thing that perches in your heart.” ~ Emily Dickinson

      • #22648
        Two way street
        Participant
        • Total Posts: 1,591

        Helping the workers should include free college tuition to bring job skill levels in line with job requirements.  Corporation should be using the tax benefit to provide free college tuition for Americans.  Drug companies should be using their tax benefit to provide money for scientific degrees as they get to use university studies and discoveries for free, in making the medicines and treatments they sell.  That is called sharing and returning what they borrowed.

        Profit Sharing began in 1917:

        https://www.huffingtonpost.com/joseph-blasi/profit-sharing-an-america_b_8056668.html

        Sanders should get the issue of Profit Sharing going before Chucky and Herself turn over the issue to Kamala.

        2020 Campaign Season: We the People are in the fight for our lives and livelihoods.

        • #22668
          Land of Enchantment
          Keymaster
          • Total Posts: 741

          You make some excellent points-especially those about providing college tuition and funding for advanced degrees in chemistry, biology and therapeutics. I have to point out that pharmaceutical companies do not get to use academia for free. Back in the day I administered hundreds of contracts and grants including some from Merck, Glaxo-Smith-Kline and Johnson and Johnson. They funded the research through grants and the Principal Investigator (the professor who applied for and was awarded the grant) allocated how the grant was spent. The university always got a cut of it too–back then it was about 23%. Big Pharma makes obscene profits, yes, and they could certainly spend those profits on better things than enriching their shareholders and CEOs.

          “Hope is the feathered thing that perches in your heart.” ~ Emily Dickinson

        • #22669
          jwirr
          Participant
          • Total Posts: 1,435

          When I was young you only needed a high school diploma, if that, to get good jobs. Because it is the corporations, etc. that now require a higher form of education that education should be free like that high school one in my generation was.

          If that were so then we would not be importing techs from other countries with visas.

          jwirr

          • #22695
            Land of Enchantment
            Keymaster
            • Total Posts: 741

            Exactly. I could not agree more. I also think the quality of a high school education was better back then too. It makes sense that we should fund college degrees since they are now the standard. Sadly, colleges and universities have become businesses and I’ve seen first hand how they squander their revenue and sock it to the students by raising tuition, parking fees, obscure and questionable fees, required expensive textbooks, etc and screw over the professors by eliminating tenure track or even dependable jobs to hire adjuncts. (Adjunct professors get low pay, no benefits-no security.) Staff salaries are incredibly low and the VPs and Athletics Departments usually get all the money. It’s outrageous and it’s universal–here in the U.S.

            “Hope is the feathered thing that perches in your heart.” ~ Emily Dickinson

    • #22673
      Ohio Barbarian
      Moderator
      • Total Posts: 13,776

      Capitalism has run amok. The question before the electorate in 2020, including the primary electorate, is Do we want a country where what happens to 99% of the wealth is determined by the 1% with the most money, or do we want a country where what happens to at least some of the wealth is determined by our elected representatives who actually try to do right by us?

      I know what the progressive answer is, and polls indicate that it is the same answer with a large majority of voters. Trump is unwittingly drawing attention to that perspective by his hysterical attacks on socialism. IOW, if he’s against it because it will cost him, then maybe socialism’s not such a bad thing at all.

      It’s only one step to Why not vote for Bernie?

      It is better to vote for what you want and not get it than to vote for what you don't want and get it.--Eugene Debs

      If Democrats don’t stand for the people, why should people stand for them?--Jim Hightower

      • #22704
        Land of Enchantment
        Keymaster
        • Total Posts: 741

        Yo, brother! Nailed it. We are hearing about income inequality more and more on the M$M and from candidates like Warren and Tulsi. What was unheard of in 2015 has made itself prominent in electoral language–part of the conversation. I’ve always thought the election is WON in the primaries—if voters get in wrong there (or it is STOLEN from them as it was in 2016) we are domed. We don’t have time to screw around with incremental changes to anything anymore–climate change, healthcare, the raping by the Big Pharma, Big Banks and all the corporations that have destroyed the middle class. It’s now or never. I wonder if Wal-Mart will start carrying pitchforks?

        “Hope is the feathered thing that perches in your heart.” ~ Emily Dickinson

    • #22785
      peacecorps
      Participant
      • Total Posts: 1,921

      The rich know what they are doing. They knew this tax cut was for them as did Trump, of course.

      It is only sad that the ‘trickle down’ “if the rich get richer it will benefit all of us” continues to sell to too many who should know better. It’s not like this is the first time that conservatives have sold this fallacy then been proven wrong after the fact.

      They are called 'human' rights not "if politicians do not feel threatened" rights. Many politicians see national sovereignty/security as more important because they protect their power and wealth. Human rights often do just the opposite.

      National issues (slavery/racism, income inequality, pandemics and pathetic health care, weak unions) are not solved with more states' rights. Global problems (climate change, migration, trade, war, pandemics) are not resolved with more national sovereignty.

      • #22855
        Land of Enchantment
        Keymaster
        • Total Posts: 741

        Exactly.  It appears that some are starting to realize they have been led down a merry path of lies with the uproar over the tax increases and their refunds vanishing. The trickle down BS has been  around since Ronnie’s time and yet the blind followers probably have seen no benefit from it–ever. Maybe this is the beginning of some rude awakenings for those people….we’ll see…

        “Hope is the feathered thing that perches in your heart.” ~ Emily Dickinson

    • #22903
      Snort McDork
      Participant
      • Total Posts: 3,680

      Makes me despise people like Howard Schultz even more.

      I'm Snort McDork and I approved this message.

      "I like birdy num-nums"

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